Update #2 - 11 October 2023

Good morning everyone
Here I am with the second update, some 48 hours after the start of the experiment.
The negative trend of both portfolios continues, with the most noticeable loss of Portfolio 2 "Lost>97%", probably due to its high volatility of the cryptos inserted. Portfolio 2's loss stands at around -6.6% (yesterday it was -3.8%).
Portfolio 1 continues to be in the negative camp, but limiting the damage to an (uncomfortable) - 3.84%, still rising from the value recorded on 10 October.

The total loss of the 2 portfolios, on a total invested amount of 200.00 Euro, comes to about 10.50 Euro (about -5.2%).
This trend, as mentioned yesterday, is somewhat, unfortunately, the result of the current geopolitical situation, especially with the clashes of the last few days. This is yet another demonstration that the main intent of cryptocurrencies, i.e. decentralisation and independence, is actually only a purely idealistic concept. The results (for all to see) are obvious.

What to do now? There would be a temptation to create a catch-up balance by introducing more liquidity, but that would defeat the purpose of the experiment. So... calm, patience, and wait for the bullish days (maybe).

You can retrieve the first article about the experiment here:

https://www.publish0x.com/lezanch/crypto-portfolio-experiment-xpxnpvv

The first update of the day 10 October:

https://www.publish0x.com/lezanch/crypto-portfolio-experiment-update-1-xyqkeyz

Thank you for your attention.